Report to Mayor and City Council
Tuesday, October 04, 2022
Consent
SUBJECT:
Title
CONSIDER APPROVING AMENDMENT NO. 1 TO AN AGREEMENT WITH HINDERLITER, DE LLAMAS AND ASSOCIATES ("HDL") TO PROVIDE PROFESSIONAL AUDIT AND ANALYSIS OF THE CITY'S TRANSACTION AND USE TAX (CITY COUNCIL).
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I. SUMMARY
On May 18, 2021, Hinderliter, de Llamas and Associates ("HdL") was awarded a 3-year contract service agreement for the analysis and audit of the City's sales and use tax revenue with two one-year options, for a base amount of $9,600 annually, not to exceed $28,800 over three years. Staff is requesting approval of Amendment No. 1 (Exhibit 1) to amend the scope of the current contract to have HdL audit the City's Transaction Use Tax.
II. RECOMMENDATION
Recommendation
TAKE the following actions:
1. APPROVE Amendment No. 1 Agreement for contract services by and between the City of Carson and Hinderliter, de Llamas and Associates ("HDL") for professional audit and analysis of City's Transaction and Use Tax.
2. ADOPT Resolution 22-171 authorizing Hinderliter, de Llamas and Associates to examine Transaction Use Tax transactions and tax records.
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III. ALTERNATIVES
TAKE another action the City Council deems appropriate.
IV. BACKGROUND
On May 18, 2021, Hinderliter, de Llamas and Associates ("HdL") was awarded a 3-year contract service agreement for the analysis and audit of the City's sales and use tax revenue with two one-year options, for a base amount of $9,600 annually, not to exceed $28,800 over three years. In November 2020, the residents passed a local tax measure, Measure K, a Transaction Use Tax of three-quarter cent (0.75%). Due to the increased revenue generated by the tax, staff believed it was necessary to have a consultant conduct continuous audits of the revenue and the sources. Since HdL currently monitors and audits the City's sales tax and provides quarterly reports, the City contacted HdL to amend their current contract scope of servi...
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